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The Latin Recording Academy Person of the Year is an award presented annually by the Latin Academy of Recording Arts & Sciences, the same organization that distributes the Latin Grammy Awards, to commend musicians for their artistic achievement in the Latin music industry and dedication to philanthropy. Award recipients are honored during "Latin Grammy Week", a string of galas just prior to the annual Latin Grammy Awards ceremony.

The award was first presented to Cuban American musician and producer Emilio Estefan in 2000 for increasing public awareness of Latin music. Eight years later his wife, singer Gloria Estefan, became the first female award recipient. She had previously received the MusiCares Person of the Year award in 1994, a similar honor presented by the National Academy of Recording Arts and Sciences, the same organization that distributes the Grammy Awards.

Spanish singer Julio Iglesias received the second award in 2001. Ranchera singer Vicente Fernández won the award in 2002 for donating ticket proceeds to the National Hispanic Scholarship Fund. Brazilian singer Gilberto Gil received the award the following year.